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Tocardo International


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Phone: +31 227 726 200
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Phone: +44-1847-808212/100
Email: info@tocardo.com

 

 
    Home | News | Press release: Dealership contract and first turbine sale in Nepal

Press release: Dealership contract and first turbine sale in Nepal

Nepal first mover in implementation of innovative Dutch water turbine technology

Press release: Dealership contract and first turbine sale in Nepal

 





For Immediate release                                    Press Release 2107.2011

 

 

Nepal first mover in implementation of innovative Dutch water turbine technology

 

ZIJDEWIND, THE NETHERLANDS, July 21st, 2011Glow Tech and Tocardo have closed contracts to deploy a 100 KW water turbine in Trishuli River at Devghat by December 2011. In February 2012 a 6 turbine demonstration project will be deployed in Bheri River. Furthermore the companies expect to announce various projects in early 2012 ranging over 100 MW to be installed in 2012 - 2014.

 

Glow Tech and Tocardoare in the process of setting up a JV company to carry out R&D and customizing turbines so as to make them widely usable and more cost efficient.

 

Currently Nepal is in the state of an energy crisis -16 hours of load shedding on a nearly daily basis in the dry season -with a severe impact on industries and the economy. The government has declared the energy sector in emergency and announced an ambitious plan of adding 2500 MW in the next four and a half years.

 

When customized for Nepalese rivers, free flow turbine technology can bring a power revolution in Nepal. Cooperatives, communities and SMEs can generate power from the rivers in their locality. Substantial local employment is foreseen. The turbines can be controlled remotely.

 

Hans van Breugel, CEO of Tocardo said: The natural circumstances in Nepal are perfectly fitted to use Tocardo's free flowing turbines. Our turbines have no significant environmental impact and can help Nepal in their power challenges. We thank the Nepalese government for their support and are confident that together with our partner Glow Tech we will contribute to the development of rural communities and offer high impact jobs to the Nepalese workforce.

 

Subodh Tripathee, CEO of Glow Tech said: Given the load shedding problems we have in Nepal we have selected Tocardo as a perfect and fast to be deployed solution We are thrilled to have been qualified as official dealer and will together with the Government of Nepal work hard to implement several tens of MW projects as soon as possible. The Tocardo technology offers us the opportunity to build a sustainable business which we also can export across the region.

 

- ENDS

 

 

 

 

 

Note to editors –

About Glow Tech

Glow Tech Pvt. Ltd. is a sole authorized sales and research partner of Tocardo for Nepaland Bangladesh. Glow Tech is an ambitious company focused on the deployment of innovative renewable energy technologies in Nepal and abroad. With the first deployments scheduled this year, the company foresees massive roll out of the technology to increase employment as well as installed capacity.

 

About Tocardo

Tocardo International BV is a Dutch company dedicated to deliver the best and most economical turbines to harvest the oceans and rivers’ energy, with a successful track-record of 12 years in offshore engineering and the development of renewable ocean energy devices. The Tocardo free-flow in-stream hydro turbines can be compared to “underwater wind turbines”; free standing underwater units, generating energy from sea currents and tidal and river flows. Tocardo turbines offer the lowest possible kWh price through minimized maintenance and maximized power generation technology, they are easy to install and have no or limited environmental impact.

 

Press Contact

Tocardo International BV

Chris de Koning

Marketing & Communications Director

T +31 6 2206 7875

 

Glowtech Solutions Pvt. Ltd.

Mahendra Kumar Poudel

General Manager

T +977 9802033628

 


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